Twelve Capital has added three new staff to the team in the firm’s London office – Marcus Rivaldi, William Hardcastle and Ulrich Beck.
Rivaldi joined Twelve Capital in May 2015 and has over twenty years of experience as an insurance analyst. Marcus’s appointment demonstrates a continued commitment by the firm to further strengthen and broaden its team of analysts. For the six years prior to joining Twelve Capital, Rivaldi was an Executive Director with Morgan Stanley in London, delivering both equity and fixed income research coverage of the European insurance sector. Whilst at Morgan Stanley, Rivaldi initially built an externally recognised leading fixed income insurance research franchise, subsequently adding additional equity responsibilities as a senior member of Morgan Stanley’s top ranked research team.
Hardcastle joined Twelve Capital in June 2015 and has over ten years of experience as an insurance analyst. For the four years prior to joining Twelve Capital, Hardcastle was a Vice President with Bank of America Merrill Lynch in London, delivering equity research coverage of the European insurance sector. Whilst at Bank of America Merrill Lynch, Hardcastle was a key member of the firm’s award winning insurance equity research team, leading the non-life insurance product.
Beck joined Twelve Capital in June 2015 and is responsible for Sourcing within the firm’s insurance private debt team. Beck has fifteen years of experience in providing corporate finance related advisory services in the insurance sector. For the five years prior to joining Twelve Capital, Beck worked for KPMG’s Corporate Finance team in Frankfurt. In this role he focused on mergers & acquisitions and strategic & transformational advisory, as well as capital markets & financial structuring related advice to insurance clients. In this capacity, Beck also developed and implemented various strategic initiatives for a number of European insurers.
Urs Ramseier, Chairman and CIO of Twelve Capital, says: “We are truly excited to have Marcus, William and Ulrich joining the firm. Marcus and William’s deep experience in the insurance market and their research-based quantitative and qualitative skills, together with Ulrich’s extensive knowledge of the insurance industry, will further enhance our ability to serve clients across the firm’s insurance debt and ILS portfolios. The addition of these individuals to our team will deepen and strengthen the firm’s analytics capabilities and result in more diverse investment sourcing opportunities for our clients. We are delighted to welcome them to the firm.”